The country’s capital ranked 17th out of 90 markets in the Global Occupier Market Dashboard by real estate consultancy firm Knight Frank in the second quarter.
. The report compares the occupancy costs* for office space across the world’s leading real estate markets.
Manila’s occupancy costs for office space amounted to $32.83 per square foot a year, making it the third most affordable office space among 23 Asia-Pacific markets, after Kuala Lumpur, Malaysia and Jakarta, Indonesia .
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